Comet Holding Ag · SIX:COTN
Comet — Investor Day (November 2018)
24 slides from Comet's investor day presentation, Nov 13, 2018
Slide 1: Comet Group Investor Day 2018
PLASMA CONTROL TECHNOLOGIES Comet Group | Investor Day 2018 | November 13, 2018
Slide 2: PCT as innovation partner of choice
PLASMA PLASMA CONTROL CONTROL TECHNOLOGIES TECHNOLOGIES MICHAEL KAMMERER PRESIDENT, PCT PCT as innovation partner of choice Comet Group | Investor Day 2018 | November 13, 2018
Slide 3: The success of Comet PCT is based on close collaboration with OEMs
PCT The success of Comet PCT is based on extraordinary efforts in close collaboration with the world-leading OEMs % Group sales H1 2018 Addressable market (RF power) PCT Current market share Customers Flat panel COMPO- 53% NENTS PLASMA CONTROL CHF END TECHNOLOGIES 1,000m USER MODULES Semiconductor O
Slide 4: Investments Semiconductor Industry Status Update
Status Update 2017 – 2020: Investments Semiconductor Industry Technology with Passion Comet Group | Investor Day 2018 | November 13, 2018
Slide 5: Manage Profitability: Semiconductor cycles
Manage Profitability Semiconductor cycles are distinctive, but have changed to shorter, self-sustaining cycles on a higher level mUSD $3,000 $2,500 $2,000 $1,500 $1,000 $500 Past cycles SEMI market self-sustaining cycles $- 1997 2001 2005 2009 2013 2017 Change of cycles Billings SEMI North America,
Slide 6: Manage Profitability: flexible cost base
Manage Profitability Current postponement of fab capex projects caused a slow-down in the semi industry Comet with flexible cost base to adapt to market mUSD PCT manages the $3,000 current cycle $2,500 Costs: Reduction of variable costs, e.g. up to 50 % in Flamatt $2,000 Operations: Quick wins with
Slide 7: Global Footprint of Comet PCT
Global Footprint of Comet PCT Global footprint gives us flexibility Shanghai / CN Customer Support, Sales, Operations Stolberg / DE Employees: ~60 Customer Support, Sales, San José / US Operations, R&D Customer Support, Sales, Employees: ~45 Operations, R&D Employees: ~200 Total R&D employees: 97 Su
Slide 8: Demand for semiconductors is robust: growth of data
Growth of data continues Despite current attenuation in the market, demand for semiconductors is basically robust Growth of data continues Data Generation IoT and Industry 4.0 driving an explosion of data Data Storage More data needs to be processed and stored than ever before – Storage alone is not
Slide 9: Artificial Intelligence will accelerate semiconductor demand
Growth of data continues Despite current attenuation in the market, demand for semiconductor is basically robust Artificial Intelligence will accelerate the demand for semiconductors Source: Applied Materials model based on forecasts published by Cisco, Intel, Western Digital Comet Group | Investor
Slide 10: Global Fab Forecast 2017 – 2020
Global Fab Forecast 2017 – 2020 Investments in fab technology, product upgrades and additional capacity will grow as numerous new fabs will boost equipment demand. SEMI World Fab Forecast report, August 2018 USD 220 bn from 2017 – 2020 Investment Potential of New Fabs and Lines Global Fab Forecast 2
Slide 11: How does PCT participate in these investments?
2017 – 2020: Global Fab Forecast How does PCT participate in these investments? Growing with the market leaders The main driver is the rise in vacuum processing steps. Most of those deposition and etch processes require a plasma energy source, what results in increasing demand for tools with power s
Slide 12: From 2D to 3D NAND
Industry Challenges From 2D to 3D NAND Layers Pair Thickness (nm) 140 layer 3D NAND will become a reality by 2021 2D 3D NAND Multiple patterning and 3D NAND high- Opportunity: volume manufacturing have significantly Technology will increased the number of deposition and spur the demand etch processi
Slide 13: Set to fulfill market requirements
Set to fulfill market requirements Focus Technology with Passion Comet Group | Investor Day 2018 | November 13, 2018
Slide 14: Full RF power subsystems from one source
Set to fulfill market requirements Full RF power subsystems from one source Complete RF product portfolio Main power subsystems: generators and power matching networks Digitalization of products Complete portfolio in HF/MF/LF RF GENERATOR MATCH PLASMA Challenges Offer a competitive product p
Slide 15: PCT is well positioned as strategic partner and preferred supplier
Set to fulfill market requirements Today, PCT is well positioned to succeed as a strategic partner and preferred supplier for impedance matching networks Start match business in 2004 2018 PCT has been out-growing the RF power supply market since 2006 and is confident to also meet future requirements
Slide 16: Competitive landscape in RF Power subsystems
Set to fulfill market requirements Competitive landscape in RF Power subsystems Comet already #3 even without generator business Generator Match #1 Competitor 1 Competitor 2 COMET Competitor 3 Competitor 4 Competitor 5 ROW Source: Revenue 2016, VLSI Report April 2017 Comet Group | Investor Day 2018
Slide 17: New RF platform for further growth
PLASMA PLASMA CONTROL CONTROL TECHNOLOGIES TECHNOLOGIES ANDRE GREDE VP GLOBAL R&D, PCT New RF platform for further growth Comet Group | Investor Day 2018 | November 13, 2018
Slide 18: How our technology drives our customers success
PCT as innovation partner of choice How our technology drives our customers success Semiconductors are the basis of all electronic devices - not only consumer products but also automotive, aviation, communication and information Our customers are 100% technology driven to enable next generation
Slide 19: How our products help to produce semiconductors
PCT as innovation partner of choice How our products help to produce semiconductors Requirements for cutting edge processes: extremely high RF measurement accuracy fast and precise RF control superior repeatability over a long time outstanding quality, zero failure tolerance Source (video):
Slide 20: Interconnected RF System to solve future challenges
PCT as innovation partner of choice Interconnected RF System to solve future challenges Future processes in SEMI will require: advanced RF control systems higher measurement accuracy increased repeatability highspeed digital interface Integrated RF systems from COMET will offer: Data driven
Slide 21: COMET's path to technology leadership in SEMI
PCT as innovation partner of choice COMET`s path to technology leadership in SEMI Only company worldwide offering Investing in digitalization of With a global team of outstanding all 3 technologies products and R&D environment experts To solve future technology and Enabling future applications w
Slide 22: Why Comet as innovation partner of choice?
Why Comet as innovation partner of choice? Technology with Passion Comet Group | Investor Day 2018 | November 13, 2018
Slide 23: Unique Elements for Success
Unique Elements for Success high speed digital interface Comet is the only company worldwide offering all three RF power technologies Comet is developing a unique, fully digitalized modular platform Comet has built a global team of outstanding experts Comet Group | Investor Day 2018 | November
Slide 24: Thank you for your interest
Thank you for your interest Technology with Passion Comet Group | Investor Day 2018 | November 13, 2018